EU imposes fresh sanctions on Russia
The Council implemented a 15th set of economic and personal sanctions against Moscow on Monday. Read Full Article at RT.com.
TroibNews 
The European Council has enacted its 15th package of sanctions against Russia, aimed at diminishing Moscow’s military and industrial capabilities and curtailing its export revenues. This latest round of measures addresses the “circumvention of EU sanctions” by targeting what is referred to as Russia’s “shadow fleet” of oil tankers, according to a Council statement.
For the first time, “fully-fledged” restrictions have also been placed on “various Chinese actors,” whom the EU accuses of supplying drone components to Russia.
This “significant package” includes sanctions against 54 individuals and 30 entities deemed “responsible for actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine,” the Council noted.
The EU is primarily targeting Russian defense firms and shipping companies involved in the maritime transport of crude oil and oil products. Additionally, a chemical plant and a civilian Russian airline that provides “important logistical support” to the Russian military have also faced sanctions.
The Council stated that there is a travel ban, asset freeze, and prohibition on providing economic resources directed at “various Chinese actors supplying drone components and microelectronic components” to Russia.
Some entities affected by these sanctions are based in third countries like China, India, Iran, Serbia, and the United Arab Emirates. The EU has expressed its willingness to contemplate “further sanctions” if necessary.
Since the escalation of the Russia-Ukraine conflict in 2022, the EU has implemented a series of measures designed to reduce Russia’s export revenues, weaken its military capabilities, and demonstrate support for Kyiv.
The prior sanctions package was adopted in June, and the EU requires unanimous consent to impose new sanctions.
Moscow has consistently condemned the sanctions impacting its economy and trade, while experts from both Russia and the West have argued that unilateral sanctions tend to inflict more damage on the imposing countries than on Russia itself.
Debra A Smith contributed to this report for TROIB News
For the first time, “fully-fledged” restrictions have also been placed on “various Chinese actors,” whom the EU accuses of supplying drone components to Russia.
This “significant package” includes sanctions against 54 individuals and 30 entities deemed “responsible for actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine,” the Council noted.
The EU is primarily targeting Russian defense firms and shipping companies involved in the maritime transport of crude oil and oil products. Additionally, a chemical plant and a civilian Russian airline that provides “important logistical support” to the Russian military have also faced sanctions.
The Council stated that there is a travel ban, asset freeze, and prohibition on providing economic resources directed at “various Chinese actors supplying drone components and microelectronic components” to Russia.
Some entities affected by these sanctions are based in third countries like China, India, Iran, Serbia, and the United Arab Emirates. The EU has expressed its willingness to contemplate “further sanctions” if necessary.
Since the escalation of the Russia-Ukraine conflict in 2022, the EU has implemented a series of measures designed to reduce Russia’s export revenues, weaken its military capabilities, and demonstrate support for Kyiv.
The prior sanctions package was adopted in June, and the EU requires unanimous consent to impose new sanctions.
Moscow has consistently condemned the sanctions impacting its economy and trade, while experts from both Russia and the West have argued that unilateral sanctions tend to inflict more damage on the imposing countries than on Russia itself.
Debra A Smith contributed to this report for TROIB News
